Los Angeles

Many industrial users are experiencing an average of 25% higher rents as they look to renew or move.

The company's first discretionary fund, TruAmerica Workforce Housing Fund, has surpassed its $400 million fundraising target.

At 242,000 square feet and six buildings, the deal is the largest to close in the submarket's history.

The multifamily market has roared back after "a couple of weak quarters," said CBRE economist Richard Barkham.

The transaction, encompassing 49 SONIC Drive-In locations, represents the company's third sale-leaseback portfolio for the restaurant this year.

From self storage to life science to data centers, niche property types are dominating investment activity post-pandemic.

The company has purchased the 42-unit multifamily asset, Terraces at La Cienega, and plans to implement a renovation plan with the addition of 10 accessory dwelling units.

The developer has purchased land in Anaheim, Norco and Corona to build last-mile logistics facilities.